PSX · MODARABAS · 30 Min
ORM Ascending Triangle breakout
Orient Rental Mod · 06 Nov 2026 · 15:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 10.85 on the breakout. Target 11.89, invalidation 10.24.
Trade plan
● Active- Close
- 10.85
- ▲ 2.17%
- Target
- 11.89
- +9.6%
- Invalidation
- 10.24
- -5.6%
RiskReward
- Reward : risk
- 1.7 : 1
- ATR
- 0.19
- Price now
- 11.08 +2.1%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
ORM broke above its ascending triangle on the 30-minute close at 10.85.
Projected target 11.89 (+9.6%). The pattern is invalidated beyond 10.24 (-5.6%), a reward-to-risk of about 1.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 12.78). Nearest demand OB 10.24 - 10.48, supply OB 12.06 - 12.23.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 10.85.
- 2 The target, 11.89 (+9.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 10.24 (-5.6%), cancels the setup.
- 4 Reward : risk is 1.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break.